Sec. 7. This chapter does not apply to the publication or broadcast of an advertisement, a list of prizes, or other information concerning:

(1) pari-mutuel wagering on horse races or a lottery authorized by the law of any state;

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Terms Used In Indiana Code 35-45-5-7

  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(2) a game of chance operated in accordance with IC 4-32.3;

(3) a gambling game operated in accordance with IC 4-35; or

(4) a prize linked savings program that:

(A) is offered or conducted by an eligible financial institution under IC 28-1-23.2;

(B) is:

(i) offered or conducted by a credit union organized or reorganized under United States law; and

(ii) conducted in the same manner as a prize linked savings program under IC 28-1-23.2; or

(C) is offered or conducted by an insured depository institution (as defined in 12 U.S.C. § 1813) that is:

(i) a national bank formed under 12 U.S.C. § 21;

(ii) a state member bank (as defined in 12 U.S.C. § 1813);

(iii) a state nonmember bank (as defined in 12 U.S.C. § 1813); or

(iv) a savings association (as defined in 12 U.S.C. § 1813);

if the prize linked savings program is conducted in the same manner as a prize linked savings program under IC 28-1-23.2.

As added by P.L.217-1991, SEC.1. Amended by P.L.91-2006, SEC.13; P.L.233-2007, SEC.33; P.L.135-2014, SEC.4; P.L.186-2015, SEC.51; P.L.58-2019, SEC.30.

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